Bizgrowth Channel · Nov 8, 2026
Bizgrowth Channel — text status
Sometimes saving money on taxes is a terrible financial decision.
A business owner buys a $90,000 truck in December mainly to get a tax deduction. Even if it saves him $30,000 in taxes, he still spent $90,000 on something he might not need.
A tax deduction doesn't make something free. Never spend $1 just to save 30 cents in taxes.